PPG Reports First Quarter 2020 Financial Results
PPG Industries, Inc. (PPG)
Last ppg industries, inc. earnings: 4/27 04:20 pm
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Source: Business Wire
First quarter net sales of about $3.4 billion, approximately 7% lower than the prior year and down nearly 5% in constant currenciesFirst quarter reported earnings per diluted share (EPS) of $1.02 and adjusted EPS of $1.19Net sales and EPS includes an estimated unfavorable impact from the effects of the COVID-19 pandemic of approximately $225 million and $0.35, respectivelyRapid implementation of cash and cost management actionsCash and short-term investments of approximately $1.9 billion at quarter-end; supplemented by an additional $700 million from recent April short-term borrowingCompleted bolt-on acquisitions of ICR and Alpha Coating Technologies PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today reported first quarter 2020 net sales of about $3.4 billion, down approximately 7% versus the prior year. Selling prices increased more than 1%. Sales volumes were down 8% versus the prior year, in aggregate, including an estimated impact of the COVID-19 pandemic of $225 million, or abo
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PPG
News
- Is PPG Industries Attractively Priced After Industry Shifts and 13.5% Year-To-Date Drop? [Yahoo! Finance]Yahoo! Finance
- PPG announces planned retirement of Vince Morales, senior vice president and chief financial officerBusiness Wire
- PPG Industries (NYSE:PPG) had its price target lowered by analysts at Sanford C. Bernstein from $129.00 to $123.00. They now have an "outperform" rating on the stock.MarketBeat
- PPG Industries (NYSE:PPG) had its price target raised by analysts at JPMorgan Chase & Co. from $112.00 to $117.00. They now have an "overweight" rating on the stock.MarketBeat
- PPG earns top ‘AAA' sustainability rating from MSCI for second consecutive year [Yahoo! Finance]Yahoo! Finance
PPG
Earnings
- 10/28/25 - Beat
PPG
Sec Filings
- 12/1/25 - Form 8-K
- 12/1/25 - Form 4
- 12/1/25 - Form 4
- PPG's page on the SEC website